Easily Compare Wholesale Mortgage Rates Online

By consumerist.comFebruary 7, 2008

Mortgage Professor has a great no-frills online tool for tracking the wholesale mortgage rates. Just go here, Select your geographic area, and time period to look at. Choose whether you want your data in chart or table format (I suggest table, as the chart data isn’t as up to date), and what kind of mortgage you want to look at. You can further sort the results by FICO, loan purpose, loan size, type of documentation, or size of down payment. The data comes from Amerisave. A great way to check out mortgage rates, and how strong you have to be to get them. Plus, you can use it to compare how much of a markup your broker is charging.